NEW MANDATE: SLOVENIA Inaugural 10-year Sustainability-Linked Bond due July 2035

The Republic of Slovenia, rated A3 (positive) / AA (stable) / A (positive), has mandated Barclays, BNP PARIBAS, Credit Agricole CIB, Deutsche Bank, J.P. Morgan and OTP Banka to lead manage its inaugural EUR denominated Sustainability-Linked Bond (SLB) transaction. BNP Paribas acted as sole ESG Structuring Agent. The deal will have a maturity of 10-year and will bear a fixed-rate coupon featuring a step-up/step-down structure applied to the final coupon payment, determined by the performance against the following KPI and SPTs, selected from the Slovenian Sustainability-Linked Bond Framework.

KPI 1: Total annual greenhouse gas emissions

SPT 1.1: 35 percent decrease of total GHG emissions by 2030 relative to 2005 baseline

SPT 1.2: 45 percent of total GHG emissions by 2030 relative to 2005 baseline

Interest rate Step Up: The interest rate payable on the note shall increase 50 basis points starting [settlement + 9 years] if SPT 1.1 has not been achieved and/or failure to publish the SPT Notice

Interest rate Step down: The interest rate payable on the note shall decrease 50 basis points starting [settlement + 9 years]  if SPT 1.2 has been achieved

The issuer is available for a Global Investor Call today, June 23rd 2025 at 02:30 PM CET.

The issuer will also be available for 1-on-1 investor calls upon request today June 23rd, 2025.

*** Call Schedule (All Times CET):

• 15.45 - 16.30
• 16.45 - 17.30
• 17.45 - 18.30

The deal is expected to be launched in the near future, subject to market conditions. RegS dematerialized registered form. Relevant stabilization regulations apply. Manufacturer target market (MIFID II and UK MiFIR product governance) are eligible counterparties and professional investors (all distribution channels) and also retail investors (all distribution channels).

Investor Presentation Link

Sustainability-Linked Bond Framework Link

Second Party Opinion Link

Disclaimer

Investors should refer to the Offering Circular and should determine for themselves the relevance of the information contained in the Offering Circular and its investment in the securities should be based upon such investigation as it deems necessary.

Any information on, or accessible through, the Issuer’s website or any other website mentioned in this communication or any website directly or indirectly linked to these websites, and the information in the Issuer’s Sustainability-Linked Bond Framework or Second Party Opinion, has not been verified and does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities and does not form a part of the Offering Circular.

None of the Issuer’s Sustainability-Linked Bond Framework or any Second Party Opinion provided in respect of the Issuer’s Sustainability-Linked Bond Framework or any related reports, verification assessments or the contents of the Issuer’s website are incorporated in, or form part of, the Offering Circular or this announcement and should not be relied upon in connection with making any investment decision with respect to the securities.

In addition, no assurance or representation is given by any person to investors as to the suitability or reliability for any purpose whatsoever of any opinion, report or certification of any third party in connection with the offering of the securities.